Canadian home buyers face least affordable market in a generation: RBC
Posted: Jun 26th, 2022In: ConstructionNewsRBC’s latest housing affordability report released Thursday reveals that the situation is the worst its been since the early 1990s, and will worsen before it gets better. RBC’s aggregate affordability measure for Canada went up 3.7[...]
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Ontario must commit to affordable housing for all, not attainable housing
Posted: Jun 24th, 2022In: ConstructionNewsA for sale sign outside a home indicates that it has sold for over the asking price, in Ottawa, in March 2021. House prices and rents have become increasingly more unaffordable in Ontario over the[...]
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Home Building, Construction and RE Groups Congratulate Ford’s PC Party
Posted: Jun 3rd, 2022In: ConstructionNewsVarious construction, home building and real estate organizations have come forward and congratulated Ontario’s Premier Doug Ford and the PC’s for being re-elected. The Progressive Conservatives cruised to a second majority government Thursday. Doug Ford’s[...]
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Huron County councillors push for expedited housing results
Posted: May 20th, 2022In: ConstructionNewsWINGHAM ADVANCE TIMES HURON COUNTY – Several county councillors spoke up after a presentation by Tim Welch, principal of TWC Consulting Inc, regarding the Huron County Housing Renewal Plan, commenting on how this critical initiative needs to[...]
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Housing crisis in Ontario worse than ever, Gen Squeeze says
Posted: May 19th, 2022In: ConstructionNewsCANADA’S NATIONAL OBSERVER House prices and rents in Ontario have become more unaffordable in the past two years than in any other recent two-year period anywhere in the country, according to a new report from[...]
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Bruce County launches affordable housing toolkit
Posted: May 17th, 2022In: ConstructionNewsTHE WALKERTON HERALD TIMES BRUCE COUNTY – Staff have been working with a consulting firm to develop the affordable housing toolkit. Phase one of the toolkit was launched May 5. It’s a web-based document that[...]
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OREA Calls on Provincial Parties to Prioritize Housing Policies
Posted: May 15th, 2022In: ConstructionNewsAccording to the Ontario Real Estate Association, with the Canadian dream of home ownership on life support in Ontario, Ontario REALTORS are calling on all political parties and candidates running in the 2022 Ontario election[...]
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Promise tracker: What the Ontario parties are pitching on the campaign trail
Posted: May 14th, 2022In: ConstructionNewsTORONTO – A running list of election promises announced by the Progressive Conservatives, NDP, Liberals and Greens in Ontario since late March: Progressive Conservatives May 9: Increase disability support payment rates by five per cent[...]
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Ontario NDP, Tories promise to boost housing supply through differing measures
Posted: May 9th, 2022In: ConstructionNewsOntario’s New Democrats and Progressive Conservatives are both promising to build 1.5 million homes in 10 years, with housing affordability becoming one of the main election issues in a province grappling with a dearth of[...]
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Trudeau says budget measures will help Canadians weather Bank of Canada rate hike
Posted: Apr 14th, 2022In: ConstructionNewsLAVAL, Que. – Measures in the recently tabled federal budget such as a tax-free savings account for first-time homebuyers will help Canadians weather the Bank of Canada’s new interest rate hike, Prime Minister Justin Trudeau said Wednesday. Earlier[...]
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